Provided by NWMLS, Listed by KW Greater Seattle

Active

16240 114th Avenue SE

Renton WA, 98055

$899,500


$607.77 per sqft

Active

2 Beds

2 Baths

1,480 sqft

Residential

Built in 1952

This exceptional rental property offers incredible potential in an outstanding location. The main home is a beautifully remodeled 3-bedroom rambler that combines style and comfort. On a spacious 12,800 sq. ft. lot, the property also features a second home at the back, which includes a large, updated upstairs loft. Rambler & loft currently rented. With a current cap rate of approximately 5%, this investment is already performing well. However, the downstairs of the back home presents an incredible opportunity. The nearly 1,000 sq. ft. space, configured as a three-bedroom, one-bathroom unit, has completed framing, electrical, and plumbing. It's ready for drywall and finishing touches, allowing you to unlock even greater rental potential.

2323323

MLS ID

January 24, 2025

Listed

January 29, 2025

Updated

Map

16240 114th Avenue SE
Renton WA, 98055

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Double Pane/Storm Window, Dining Room, Laminate Hardwood, Wall to Wall Carpet, Water Heater


Appliances

Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)


Floor Description

Laminate, Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Forced Air

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

Metal/Vinyl, Wood


Lot Features

Paved


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Renton


High School

Lindbergh Snr High


Elementary School

Cascade Elem

Other Property Details

Area Name

340 - Renton/Benson Hill


Taxes

$5,051


Tax Frequency

Annually


Garage

No


Parking

Driveway


Parking Total

0


View

Yes


View Description

Territorial


County

King


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/5/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 2/5/2025 at 2:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2025 Northwest Multiple Listing Service all rights reserved.

Data last updated on 2/5/2025 at 2:00 AM UTC 

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